I purchased an apartment in Lumiere Leeds due to complete in 2011. I got a letter to say the project is to be put on hold until the market improves.
I have payed 5% of the purchase price on the apartment.

On the contract it does not specify a date of completing just sayes we will notify you 3 months before completion.

Looking for advice on what I should do next.

well you are lucky you just paid 5% of the amoint for appartment. Few people has paid 30% and lost there money due to crisis in the property market. You can go for legal procedings to claim your amount . But, don't forger to carry your documnets along with you .

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Barbican Property | Property Bloomsbury | Property Limehouse | Estate Agents Clerkenwell

Hi Minime.

I work for a national property magazine and I would like to write an article about your experiences with Lumiere.

Please reply to this post if you are interested in speaking to me. I will get straight back to you.

Hi Lydias.

I purchased an apartment and alot of my friends did also. We are disapointed that the developments is stopped are are afraid that we will lose our deposits. The building is to start again in the second quarter of 2009. What bank is going to lend to a development of this scale. If people are afraid and start defaulting on the next payment is the builder going to sue everyone to get their money. I don't know how solvent Kw Linfoot is but I have a fair idea that it can't be good for him now and in the near future.

If go here you will find more posts on it.

Lumiere | On Hold | 172m & 113m | 55fl & 33fl - Page 103 - SkyscraperCity

Hi Minime,

Would you and your friends be willing to talk to me for an article I am writing?

It would be a case of me coming to meet you, wherever you are based, and discussing your situations, then finding you some answers about what is going to happen to your deposits.

My number is 0207 921 8748. Give me a call and we can discuss it.

I hope to hear from you.

LydiaS

Can you send me a private message or email address

Hi Minime,

My email address is lstockdale@cmpi.biz